Monthly Trending Stock Picks – March 2017

STOCK PICKS

AgriNurture, Inc. (ANI)

AgriNurture

AgriNurture

  • $ANI's moving in a strong uptrend since September last year, increasing the stock price by around 75% and we can expect it to continue.
  • If you're planning to ride the trend, we suggest waiting for the price to touch or move near the 20-day MA. The stock closed forming a Doji last week so expect retracement.
  • QuantDS PSE data table tells $ANI is on strong momentum. The data also generated a High-Risk Buy but the certainty is below 50% which suggests that it's still safe to buy $ANI.
  • Set stop loss below 50-day MA.

 

Melco Crown (Philippines) Resorts Corporation (MCP)

Melco Crown

Melco Crown

  • $MCP gained more than four times its price last January 2016 and we can still expect the rally to continue.
  • QuantDS PSE data table tells $MCP is on strong momentum. The data also generated a High-Risk Buy but the certainty is only 43% which suggests that it's still safe to buy the stock.
  • Accumulate when the price breaks out above the Strongest Resistance at 5.37 and Breakout price at 5.55.
  • For a safer entry, wait for the price to move on the nearest the upward trendline.

 

Rockwell Land Corporation (ROCK)

Rockwell Land

Rockwell Land

  • $ROCK went back above the 200-day MA and might form a bullish Rounding Bottom or Cup and handle pattern.
  • Price bounced twice from the 50-day which provides a dynamic support.
  • QuantDS PSE data table tells $ROCK is on strong momentum. The data also generated a High-Risk Buy but the certainty is a percent below the middle.
  • Accumulate when the price breaks out above the Strongest Resistance at 1.71/1.72 and Breakout price at 1.76.
  • For safer entry, wait for the price move near the support. Set stop-loss below 50-day MA.

 

Semirara Mining and Power Corporation (SCC)

Semirara Mining

Semirara Mining

  • $SCC is moving in a strong uptrend since September last year with 50-day MA providing a dynamic support. QuantDS PSE data tells the same.
  • Price is currently above the support level. QuantDS PSE suggests to Buy @ Uptrend Support but the certainty is below the midpoint so it's better to wait for the price to retrace before entering.
  • Set tight stops.

CRITERIA

Chart

  • Upward Trend (with higher highs and higher lows).
  • Price above 200-day SMA.
  • The price touched the support (trend line/50-day SMA/20-day SMA) at least twice.

QuantDS PSE Data

  • Price is 0 to 1 or more days above Trigger Price.
  • Stock Filter: In Momentum or Reversal.
  • Recommended Action:
    • Breakout Buy, Trigger Buy, Low-Risk Buy, and Buy @ Uptrend Support with High Percent Certainty.
    • High Risk Buy with Low Percent Certainty.

(Please click the images to enlarge.)

Technical and Quantitative Analysis (REQUESTED)

East West Bank (EW)

East West Bank

East West Bank

  • $EW price retreated last October confirming the Head and Shoulders pattern.
  • But price still manages to hold above the bullish 200-day MA which is a good sign that the stock remains strong.
  • Stochastic is pointing upward after bouncing from 20% level suggesting a continuation of rising stock price.
  • QuantDS PSE Spreadsheet generated a Low-Risk Buy recommendation with 56% certainty.
  • $EW is bullish until the price breaks below the 200-day MA. Hold or buy at support and set cut-loss price below 19.26. Resistance at 20.20 and 21.00.

 

Xurpas (X)

Xurpas

Xurpas

  • $X is moving in a downtrend for almost a year now with 20-day MA as a dynamic resistance.
  • The stock discontinues to make another lower low and bounced at 7.10 support level.
  • Price breached above 50-day MA and holds above it.
  • We suggest waiting for the price to form higher high and higher low as confirmation of the bullish reversal.
  • For safer entry, wait for the price to breakout above the 200-day Moving Average.

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